People: Southcoast Financial Corporation (SOCB.O)

SOCB.O on Consolidated Issue listed on NASDAQ Global Market

3.40USD
9 Feb 2010
Price Change (% chg)

$-0.08 (-2.30%)
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$3.40
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$3.40
Day's Low
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Volume
2,524
Avg. Vol
2,719
52-wk High
$7.38
52-wk Low
$1.08

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Summary

Name Age Since Current Position
Pearson, L. Wayne 61 1998 Chairman of the Board, President, Chief Executive Officer of the Company and the Bank
Heslop, William 33 2006 Chief Financial Officer, Senior Vice President of the Company and the Bank
Daniel, Robert 58 2005 Executive Vice President of the Company and the Bank
Seabrook, William 52 2009 Executive Vice President; Executive Vice President & Chief Operating Officer of the Bank
Coates, William 59 1998 Director
Scott, Robert 65 2006 Director
Smith, James 54 1998 Director
Baker, Tommy 63 2005 Director
Hutchinson, Stephen 62 2005 Director

Biographies

Name Description
Pearson, L. Wayne L. Wayne Pearson has been Chairman, Chief Executive Officer and President of Southcoast Financial Corp and the Bank since June, 1998.
Heslop, William William C. "Clay" Heslop serves as Senior Vice President and Chief Financial Officer of Southcoast Financial Corp and the Bank since May, 2006; certified public accountant with Elliott Davis, LLC from January 2003 to April 2006.
Daniel, Robert Robert A. Daniel is Executive Vice President of Southcoast Financial Corp and the Bank since 2005; Chief Lending Officer of the Bank since 1998; Senior Vice President of the Bank from 1998 to 2005.
Seabrook, William William B. Seabrook is Executive Vice President of Southcoast Financial Corp and Executive Vice President & Chief Operating Officer of the Bank. He served as the Head of Retail Banking for the Bank since 2004; Senior Vice President of the Bank from 2004 to 2005; Correspondent banker with FTN Financial, a division of First Tennessee Bank from 1997 to 2004.
Coates, William William A. Coates serves as Director of Southcoast Financial Corp. He is Attorney and shareholder, Roe, Cassidy, Coates & Price, P.A., Greenville, South Carolina (attorneys) since January 1, 2002; attorney and shareholder, Love, Thornton, Arnold & Thomson, P.A., Greenville, South Carolina (attorneys) 1980-2001.
Scott, Robert Robert M. Scott serves as Director of Southcoast Financial Corp. He is Retired; Executive Vice President and Chief Financial Officer of the Company and the Bank from June, 1998 until May, 2006; Secretary of the Company and the Bank since June, 1998; Vice Chairman of the Company and the Bank.
Smith, James James P. Smith serves as Director of Southcoast Financial Corporation. He is President, Atlantic Coast Advisory Group (insurance sales) since 2004; Regional Manager, American General Financial Group Insurance (insurance sales) 2000 to 2004; Member of MUSC Children's Hospital Advisory Board, 2008.
Baker, Tommy Tommy B. Baker serves as Director of Southcoast Financial Corp. He is Owner- Baker Motors of Charleston (automobile dealership).
Hutchinson, Stephen Stephen F. Hutchinson serves as Director of Southcoast Financial Corp. Mr. Hutchinson has been President, East Coast Development Company, Inc. (real estate)

Basic Compensation

Name Fiscal Year Total
Pearson, L. Wayne 1,296,980
Heslop, William 132,746
Daniel, Robert 247,375
Seabrook, William 285,898
Coates, William --
Scott, Robert 194,781
Smith, James --
Baker, Tommy --
Hutchinson, Stephen --
As Of 30 Dec 2008

Options Compensation

Name Options Value
Pearson, L. Wayne 6,685 30,634
Heslop, William 0 0
Daniel, Robert 3,025 25,803
Seabrook, William 0 0
Coates, William 0 0
Scott, Robert 10,525 129,678
Smith, James 0 0
Baker, Tommy 0 0
Hutchinson, Stephen 0 0
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